Growing Our Discipleship

ANNUAL REPORT FOR FISCAL YEAR 2016 JULY 1, 2015-JUNE 30, 2016 Overview Welcome from Archbishop Lori 1 Vision and Mission 2 Letter from Foundation President 3 Financials Year in Review 4 Investment Review 5 Performance Review 6 Selected Financial Information 7 Endowments Growing Our Discipleship 9 New Endowment Funds 12 Endowment Funds by Purpose 13 Donor Advised Funds 25 Legacy League 26 About the Foundation Foundation Leadership 29 Contact Us 31 Our Legacy 32 Dear Friends in Christ, In the summer of 2015, I issued my first pastoral letter as Archbishop of Baltimore, A Light Brightly Visible, Lighting the Path to Missionary Discipleship. In it, I asked the people of our Archdiocese to enter into a deeper relationship with Christ, to be not merely His disciples but His missionary disciples, extending the light of the Gospel to others among us so that they, too, could fully welcome His Word into their hearts. The Catholic Community Foundation is uniquely positioned to aid this evangelization effort for years to come. “Through their endowed giving, Foundation contributors are helping to foster a culture of Catholic growth and renewal.”

Established in 1998 by my predecessor, Cardinal William H. Keeler, the Catholic Community Foundation has grown to over 470 separate funds, each with its own unique purpose and benefit. Not only are our parishes well-represented and supported by the Foundation, so too are our Catholic schools, clergy, religious and a host of ministries that are critically integral to carrying out the Church’s evangelizing work. Indeed, through their endowed giving, Foundation contributors are helping to foster a culture of Catholic growth and renewal. As we plan for the future of our Archdiocese and its mission readiness – our current parish planning process being a prime example– endowments in the Catholic Community Foundation will provide crucial streams of financial support. I would like to take this opportunity to thank John Balch, for his years of service as Foundation President, and also the women and men who serve on the Foundation’s Board of Trustees and committees. Your gifts of time and your wise counsel have proven invaluable as together we have sought to ensure that the good works of the Church will continue for countless generations to come. My sincerest thanks, as well, to all of you who have provided financial support to the Foundation. Your donations are a welcome witness to your personal encounter with the Lord and a testament to the impact the Church has had on your own life. With grateful prayers for you and your loved ones, I am

Faithfully in Christ,

Most Reverend William E. Lori Archbishop of Baltimore

ANNUAL REPORT FOR FISCAL YEAR 2016 1 OverviewVision+Mission

Our Vision To build a dynamic force of Catholic philanthropy within the Archdiocese of Baltimore by inviting major endowment gifts, bequests, charitable gift annuities, trusts, and other legacy gifts from the people of God served by the Church throughout their lives.

Our Mission The Catholic Community Foundation exists to provide financial support to secure the future of parishes, schools, and ministries of the Archdiocese of Baltimore.

2 CATHOLIC COMMUNITY FOUNDATION Dear Friends, I am pleased to present you with Growing Our Discipleship, the Catholic Community Foundation’s Annual Report for Fiscal Year 2016 (July 1, 2015 – June 30, 2016). For FY16, the Catholic Community Foundation increased its assets held under management to $57.62 million, representing an increase of over $9 million from the prior fiscal year. Moreover, due to the generosity of Foundation fund holders and our long-term fiscal performance, the Foundation was able to make distributions of over $1.3 million during the fiscal year in support of archdiocesan parishes, schools, and ministries. Impacted by challenging market conditions in FY16, the Foundation saw an investment performance of -1.99%. Though unfavorable, this downturn still outperformed our benchmark by 0.12%, and, as the Foundation’s rate-of-return rate since inception stands at 8.86% vs. a benchmark of 8.18%, we are guardedly optimistic regarding performance going forward. “The Foundation was able to make distributions of over $1.3 million during the fiscal year in support of archdiocesan parishes, schools, and ministries.”

Further offsetting this downturn, the Catholic Community Foundation added 22 new funds in the fiscal year with a variety of purposes: providing tuition assistance to our Catholic schools; facilitating faith formation for our children and youth; offering our Deacons the financial support to explore advanced coursework in Theology; and subsidizing the faithful maintenance of parish cemeteries. I warmly invite you to review our report’s feature story, Growing Our Discipleship, which appears later in these pages and which profiles two of these funds and the goals of their benefactors in establishing them. This report will also serve to introduce you to some new design elements for the Foundation, including a new logo and tag line. These are the beginnings of an effort begun in FY16 to increase Foundation awareness among our archdiocesan community, a community I am grateful to serve through my role as Foundation President. My gratitude extends as well to Archbishop Lori for his commitment and hands-on approach to the Foundation, and to all who have given their time and talent in serving on the Foundation’s Board of Trustees and committees. It is an honor to work alongside you as we strive to map the best path forward. If you would like more information on the Catholic Community Foundation or on how endowed giving through the Foundation can help you realize your philanthropic goals, I urge you to reach out to us by way of the contact information found in the back of this report. I also ask you to share this information with those you know who are considering endowed giving. Together, we can secure a thriving future for the mission of our Church.

John H. Balch President, Catholic Community Foundation

ANNUAL REPORT FOR FISCAL YEAR 2016 3 FINANCIALS Year in Review

For Fiscal Year 2016, the Catholic Community Foundation’s assets held under management grew by over $9 million to a balance of $57.62 million. Our inception-to-date return of 8.9% remains strong, and cautious optimism is still the belief for future performance. However, due to the challenging market conditions, As of June 30, the Foundation did experience an investment performance of -1.99% for the year. 2016, assets were As of June 30, 2016, assets were at $57,619,325: 55.9% in equities (global), 17.2% at $57,619,325: in fixed income, 16.6% in alternatives, and 10.3% in real assets. Moreover, since the Foundation’s inception, the portfolio’s return has been 8.86% versus the policy 55.9% in equities benchmark of 8.18%. (global), 17.2% in The portfolio return of -1.99% in Fiscal Year 2016 outperformed its policy benchmark by 0.12%. The negative absolute return was driven by exposure to fixed income, 16.6% non-U.S. stocks as the developed international and emerging markets stock in alternatives, and indices returned -10.2% and -12.0%, respectively. The outperformance vs. the benchmark stemmed from investments in private equity and venture capital, 10.3% in real assets. which are reported on a quarterly lag and returned 13.7%. Further, the portfolio’s Moreover, since hedge fund allocation outperformed its benchmark and provided downside protection in a negative environment for global stocks. Partially offsetting the the Foundation’s positive performers was the negative relative performance of the liquid global inception, the equity portfolio. The fund’s managers were broadly underweight in high-dividend yielding sectors, particularly utilities which was the top performing sector in portfolio’s return the S&P 500 (+26.7% return), as investors pursued bond yield substitutes in an has been 8.86% ongoing low interest rate environment. versus the policy Fiscal Year 2016 saw another healthy influx of new endowment funds established within the Foundation as 22 individual and organizational donors set up funds benchmark of 8.18%. for tuition assistance, youth ministry, cemetery preservation, and other religious purposes. In the following four pages, we present the Foundation’s Investment and Performance Review as of June 30, 2016, along with the Selected Financial Information for the fiscal years ending June 30, 2016 and June 30, 2015. For questions about any of the information provided within this section, please contact Robert Barron, Senior Financial Analyst for the Foundation, at [email protected] or 410-547-5323.

4 CATHOLIC COMMUNITY FOUNDATION FINANCIALS Investment Review

Equity 55.9% 53%

Fixed 17.2% ACTUAL PORTFOLIO INVESTMENT Income 15% RECOMMENDED POLICY Alternatives 16.6% 16% Endowment Real 10.3% Assets Market Values 16% ANNUAL 2013-2016 Jun 2016 $ 57,619,325

Jun 2015 $ 48,342,777

Jun 2014 $ 46,749,357

Investment Allocation Jun 2013 $ 40,023,917

Global Equity 54.5% Private Capital 2.5% Cash 2% Core Bonds 9.6% Global Bonds 1.5% Short-Dated High Coupon Mortgages 4.2% Hedge Fund 15.9% Commodities 1.6% TIPS 0.9% Natural Resources 4% Real Estate 3.3%

ANNUAL REPORT FOR FISCAL YEAR 2016 5 FINANCIALS Performance Review

Annualized Performance

ANNUALIZED POLICY PERFORMANCE FOUNDATION BENCHMARK1 CPI + 4.25% QTD 1.04 2.08 1.67 1 Year -1.99 -2.11 4.95 3 Years 4.50 4.14 5.14 5 Years 4.93 5.12 5.46 Inception 8.86 8.18 5.90

Cumulative Performance (Growth of $100)

$250

$200

$150

$100

Foundation $189 $50 Policy Benchmark1 $180

$0

DEC 12 JUN 13 DEC 13 JUN 14 DEC 14 JUN 15 DEC 15 JUN 16

Annualized Return

Policy Benchmark1 Jan-09 to Mar-12: S&P 65%, FOUNDATION Barclays U.S. Agg 33%, 8.9% 3-month tbill 2% Apr-12 to current: MSCI ACWI 53%, Barclays U.S. Agg 15%, HFRI FOF composite POLICY BENCHMARK 16%, Barclays Tips 3.2%, 8.2% Bloomberg Commodity Index 4.8%, NCREIF ODCE 4%, S&P Global Largemidcap Commodity Resource Index 4%

6 CATHOLIC COMMUNITY FOUNDATION FINANCIALS Selected Financial Information Statements of Financial Position as of June 30, 2016 and 2015

2016 2015 ASSETS

Cash $ 3,409,688 $ 278,071

Investments 57,358,479 50,325,320

Other assets 576,086 523,410

Agency funds held for others 254,225 261,667

Contributions receivable 1,433,749 2,235,718 net of allowance and discount of $383,676 and $443,963 at June 30, 2016 and 2015

Total assets $63,032,227 $53,624,186

LIABILITIES AND NET ASSETS

Accrued grant liabilities $ 2,148,648 $ 2,449,731

Accrued expenses 174,286 22,061

Agency funds and liabilities 254,225 261,667 to related entities

Total liabilities 2,577,159 2,733,459

Total net assets 60,455,068 50,890,727

Total liabilities and net assets $63,032,227 $53,624,186

ANNUAL REPORT FOR FISCAL YEAR 2016 7 FINANCIALS Selected Financial Information Statements of Activities and Changes in Net Assets Year Ended June 30, 2016 and 2015

2016 2015 REVENUE, GAINS AND OTHER SUPPORT

Contributions $ 12,187,760 $ 4,379,715

Grant income 195,608 133,205

Other income 52,676 31,424

Realized gains 683,580 544,444 on investments

Unrealized gains (loss) (1,341,269) 58,136 on investments

Total revenue, gains $11,778,355 $5,146,924 and other support

EXPENSES

Management fees $ 820,546 $ 564,887

Grant expense 1,393,468 1,796,456

Total grants and expenses 2,214,014 2,361,343

Changes in net assets 9,564,341 2,785,581

NET ASSETS

Beginning of year $50,890,727 $ 48,105,146

End of year $60,455,068 $50,890,727

8 CATHOLIC COMMUNITY FOUNDATION ENDOWMENTS Growing Our Discipleship Statements of Activities and Changes in Net Assets Year Ended June 30, 2016 and 2015 The Catholic Community Foundation expresses its profound gratitude to the 22 donors who established new funds within the Foundation during FY16 in support of our archdiocesan mission and ministries. We extend our particular thanks to Robert and Eleanor Romadka and to Reverend Patrick Carrion for agreeing to speak with us about their funds and their objectives in establishing them, and for allowing us to share their stories of giving.

THE ROBERT AND ELEANOR ROMADKA TUITION ASSISTANCE FUND Robert and Eleanor Romadka are committed, first of all, to one another – they have been married for 65 years. And they are deeply committed to Catholic education and their community. They have been leading donors to The Catholic High School of Baltimore, Mrs. Romadka’s alma mater - in 2001, for instance, funding the renovation of the school library – and for five decades, have done their part to support Our Lady of Mt. Carmel School. In the 1960’s, Robert became a member of the school’s advisory board, a role he still maintains today, and in the early 1970’s, he and Mrs. Romadka donated funds to establish a media center and library at the school. Lawrence Callahan, President of Our Lady of Mt. Carmel School, cites the many ways in which the Romadkas have helped. “They have done everything,” he said, “from financing fundraising events to contributing to the purchase of smart boards for our classrooms.” Perhaps more importantly, the Romadkas have done a great deal to support tuition assistance grants for families who wish to send their children to the school. Most recently, the Romadkas established The Robert and Eleanor Romadka Tuition Assistance Fund within the Catholic Community Foundation, the second tuition assistance fund they’ve set up for the school—the first being The Romadka Family Endowment Fund. “Eleanor and I have always felt very close to the school,” Mr. Romdka said. “It’s a very good school. We are just pleased that we’re able to help young children

Photo of Mr. and Mrs. Romadka by Richard Lippenholz Photography receive a Catholic education.”(Continued on next page)

ANNUAL REPORT FOR FISCAL YEAR 2016 9 ENDOWMENTS Growing Our Discipleship (Continued from previous page)

“If anyone wants Mr. Callahan explained, “This endowment fund helps us help students. We have to have the families that can’t afford tuition. Tuition assistance lets those from a lower economic bracket become part of our school. It helps create a richer community.” sense that they’re Tuition assistance plays an important role in the schools of the Archdiocese. doing something Dr. Barbara McGraw Edmondson, Superintendent of Catholic Schools, said, “I ongoing that will love it when we hear these stories of opportunities that for many kids are just transformational. Our Catholic schools bring out the best in the children because live on beyond we’re really focusing on the whole child.” them, setting up a Reverend Monsignor Robert Hartnett, Pastor of Our Lady of Mt. Carmel Parish, tuition assistance said, “Tuition assistance is a very important piece of our school. I think if anyone endowment fund wants to have the sense that they’re doing something ongoing that will live on beyond them, setting up a tuition assistance endowment fund to help those who to help those who otherwise couldn’t receive a Catholic education is an incredibly satisfying thing otherwise couldn’t to do.” receive a Catholic The Romadkas have found tremendous joy in supporting Our Lady of Mt. Carmel. Mr. Romadka said, “We both believe very much in education. When young people education is an have an education and drive, there’s no limit to what they can do. Their success incredibly satisfying makes you feel good. You feel like you were a small part of that.” thing to do.”

– REVEREND MONSIGNOR ROBERT HARTNETT PASTOR OUR LADY OF MT. CARMEL, MIDDLE RIVER

“ When young people have an education and drive, there’s no limit to what

they can do.”

– ROBERT ROMADKA

Photo by Rob Cole Sr. of Elite Video Solutions

10 CATHOLIC COMMUNITY FOUNDATION THE REVEREND PATRICK M. CARRION ENDOWMENT FUND FOR THE ADVANCEMENT OF ONGOING FORMATION FOR DEACONS

Reverend Patrick Carrion served for 17 years as Director of Deacon Formation for the Archdiocese of Baltimore. That is for more than half of the time that he has been a priest. He said, “It kind of became my identity and part of who I am.” So, when he stepped away from that role, he wanted to leave something behind. He chose to establish a fund that would encourage deacons to continue their formation once they were ordained. While the education process for deacons is quite rigorous, like that of priests, standing on four pillars – the intellectual, the human, the pastoral, and the spiritual – their intellectual formation ends up being a fraction of that of priests. Fr. Carrion’s fund helps further deacons’ intellectual formation after ordination. He said, “To those men who may want to get a degree in theology or take some specialized courses in Homiletics or perhaps a particular workshop, monies from Graduation photo of Ecumenical Institute, St. Mary’s Seminary & University this fund would be available to support them.” by Larry Canner Photography. – REVEREND MONSIGNOR ROBERT HARTNETT Fr. Carrion set up the fund as a challenge grant for the deacons in the Fall of 2015. “I challenged them all. I put up PASTOR $25,000 from which I would match every two-dollar gift of theirs with a dollar-gift of my own. This could enable the OUR LADY OF MT. CARMEL, MIDDLE RIVER fund to grow pretty quickly.” Fr. Carrion’s words proved prophetic as the fund grew to over $101,000 in gifts and commitments by the end of FY16. Reverend Brent Laytham, PhD, Professor of Theology and Dean of Ecumenical Institute, St. Mary’s Seminary and University, where archdiocesan deacons take much of their advanced coursework, said, “It seems to me, that it is a good thing for the Church to have deacons who are more fully and deeply educated in the Church’s tradition.” “To those men who may want to get a degree in theology or take some specialized courses in Homiletics or perhaps a particular workshop, monies from this fund would be available to support them.” – REVEREND PATRICK CARRION

Deacons play a very important role in our diocese. Reverend Michael Triplett, current Director of Deacon Formation, said, “We need not only to offer a light that can lead people to the Church, but also be a Church that goes to find them. The deacon provides a bridge into that lay world.” In helping deacons continue their ongoing formation coursework, Fr. Carrion is playing an important part in strengthening these bridges. “I thought it was important that our deacons feel supported,” he said. Photo of Fr. Carrion by F. Paul Galeone Photography

ANNUAL REPORT FOR FISCAL YEAR 2016 11 ENDOWMENTS New Endowment Funds

In FY16, donors established 22 new funds within the Catholic Community Foundation, resulting in Introduced in FY15, the an increase of $4.38 million in assets held under Embracing Our Mission management. In addition to the funds profiled in Mustard Seed Match for Endowed Scholarships expands student access to Catholic previous pages and those established as part of Program Schools in the Archdiocese of Baltimore by the Embracing Our Mission Mustard Seed Match for establishing school endowment funds within Endowed Scholarships Program (see inset), another the Foundation. Participating schools received a 11 were created with a variety of purposes and matching grant funded by monies raised through benefits per their fund holders’ intentions: the Embracing Our Mission ~ Shaping Our Future The Andrew R. and Barbara J. Becker Fund capital campaign, which encouraged donors for Youth Ministry Provides financial support for youth ministry at to make larger endowed gifts in support of a St. Joseph, Sykesville cherished school. The Bishop William C. Newman Scholarship Fund The following endowment funds were established Provides tuition assistance to students attending a in FY16 as part of the Mustard Seed Match Catholic school in the Archdiocese of Baltimore program, providing support for the schools listed The Earl Henderson Endowment Fund for below each fund name*: Cemetery Care Provides for the maintenance and care of the parish The Bishop Walsh Foundation Fund cemetery at St. Michael, Poplar Springs Bishop Walsh School

The School of the Cathedral of Mary Our Queen The Mustard Seed Tuition Assistance Endowment Fund Endowment Fund for St. Mary’s High School and St. Mary’s Elementary School Provides financial support to the School of the St. Mary Elementary and High School, Annapolis Cathedral for capital projects, tuition assistance, operating expenses, and other needs as determined The Notre Dame Preparatory School Tuition Assistance Fund by the school. Notre Dame Preparatory School

The St. Augustine, Elkridge Cemetery Endowment The Rev. William J. Watters, S.J. Scholarship Endowment Fund Fund Cristo Rey Jesuit High School Provides for the maintenance and care of the parish The School of the Incarnation Tuition Assistance Endowment Fund cemetery at St. Augustine, Elkridge School of the Incarnation The St. Joseph, Emmitsburg Cemetery Endowment The St. John Regional Catholic School, Frederick Mustard Seed Fund Match Tuition Assistance Endowment Fund Provides for the maintenance and care of the parish St. John Regional Catholic School cemetery at St. Joseph, Emmitsburg The St. Maria Faustina Divine Mercy Scholarship Fund The St. Mary, Pylesville Cemetery Endowment Fund for Mount de Sales Academy Provides for the maintenance and care of the parish Mount de Sales Academy cemetery at St. Mary, Pylesville The St. Mary Catholic School, Hagerstown Endowment Fund The St. Vincent de Paul Parish Cemetery Perpetual St. Mary Catholic School, Hagerstown Fund Provides for the maintenance and care of the parish The Thomas Merton Scholarship Fund and The Saint Louis cemetery at St. Vincent de Paul School Endowment Fund St. Louis School The Teresa A. and Martin G. Knott Endowment Fund Provides financial support for the maintenance of The Zachary Shiflett Endowment Fund the Basilica of the National Shrine of the Assumption Our Lady of Mt. Carmel Elementary/Middle School of the Blessed Virgin Mary * For a complete list of participating schools, please contact the Catholic Community Foundation at 410-547-5356.

12 CATHOLIC COMMUNITY FOUNDATION ENDOWMENTS Endowment Funds by Purpose 38% 180 Parish 472 Total Endowments

8% 36 Ministries & Outreach

6% 29 Clergy

4% 44% 21 Cemetery 206 Education

$5,075,374 Ministries and $56,896,057* Total *Figure does not include assets held within donor advised funds. Outreach

$11,150,954 $34,673,319 $3,874,004 Parishes Education Clergy $2,122,406 Cemeteries

Distributions Distributions for Fiscal Year 2016

The Foundation is pleased to PURPOSE AMOUNT report that a combined total Parish $ 195,163 Education 815,378 of $1.3 million was distributed Clergy 91,545 in support of parishes, schools, Ministries & Outreach 186,597 and ministries that encompass Cemeteries 29,877 our archdiocesan mission. Total Distributions $1,318,560

ANNUAL REPORT FOR FISCAL YEAR 2016 13 ENDOWMENTS Parish Endowment Funds

38%

76 “We need to create a new way of understanding parishes with endowments the parish. It’s not a service center where people just come to get their needs met. It’s a mission center where they come to be empowered to go 145 forth to spread the word of Christ.” total parishes

– REVEREND MONSIGNOR JAY O’CONNOR PASTOR, OUR LADY OF THE FIELDS, MILLERSVILLE IN THE CATHOLIC REVIEW

$11,150,954 for parishes $56,896,057 total endowment funds

180 472 parish funds total endowment funds

14 CATHOLIC COMMUNITY FOUNDATION ENDOWMENTS Parish Funds

Basilica of the Assumption Church of the Immaculate Conception, Our Lady of Grace The Basilica Music Ministry Fund Towson The Our Lady of Grace Catholic Education The Teresa A. and Martin G. Knott The Immaculate Conception Scholarship Endowment Endowment Fund Endowment Fund The Spirit of Grace Endowment Fund Jessica Meredith Jacobsen Memorial Cathedral of Mary Our Queen Endowment Fund Our Lady of Mount Carmel, Middle River The Cathedral of Mary Our Queen The Our Lady of Mt. Carmel Parish Windows of Faith Endowment The John Gerald McDade Memorial Endowment Fund Endowment Fund The Zeller Family Endowment Fund Catholic Church of Glen Burnie The Reverend Monsignor F. Dennis Tinder The Catherine Mary Brown Memorial Endowment Fund Our Lady of Mount Carmel, Thurmont Fund The Our Lady of Mount Carmel, Thurmont The Holy Trinity Catholic Education Church of the Resurrection Catholic Education Endowment Fund Endowment Fund The Church of the Resurrection Preservation & Maintenance Fund Our Lady of Perpetual Help The Holy Trinity Parish Endowment Fund The Church of the Resurrection School The Joseph and Ann P. Johnson Family Catholic Community of South Baltimore Endowment Fund Fund The Catholic Community of South The Our Lady of Perpetual Help Catholic Baltimore Catholic Education Corpus Christi Education Endowment The Corpus Christi Parish Endowment The Catholic Community of South Fund The Our Lady of Perpetual Help Parish Baltimore Ministry Endowment Endowment Fund The Eliza L. Jenkins Endowment Fund The Sr. Catherine Cress Endowment Our Lady of the Chesapeake Fund for Pastoral Care Frank and Mary Kelley Family Memorial Endowment Fund The Our Lady of the Chesapeake Parish The Wolff Family Endowment Fund Endowment Fund Divine Mercy Church of the Annunciation The Joseph and Wilda Fahey Family Fund Our Lady of the Fields The Annunciation Endowment for The Our Lady of the Fields Catholic Senior Care Ministry The St. Ann’s Catholic Education Education Endowment Fund Endowment Fund Church of the Annunciation Parish The Our Lady of the Fields Parish Endowment Fund The St. Ann’s Parish Endowment Fund Endowment Fund The Church of The Annunciation Catholic The St. Michael, Frostburg Parish Endowment Fund Our Lady of the Mountains Education Endowment The Mary Margaret Winner Music The Donald & Naomi Steffe Endowment The St. Peter’s, Westernport Catholic Scholarship Endowment Fund Education Endowment Fund Fund The Mary Murray Endowment Fund The St. Peter’s, Westernport Parish Church of the Ascension Endowment Fund The St. Patrick, Cumberland, Catholic The Church of the Ascension Catholic Education Endowment Fund Education Endowment Fund Holy Family, Middletown The St. Patrick, Cumberland, Historic The Church of the Ascension Parish The Deacon George and Dinah Sisson Preservation & Maintenance Endowment Fund Endowment Fund The St. Patrick, Cumberland, Parish The Stasiowski Family Endowment Fund The Holy Family, Middletown Catholic Endowment Fund Education Endowment Fund Church of the Holy Spirit The St. Patrick, Mt. Savage Historic The Church of the Holy Spirit Catholic Holy Family, Randallstown Preservation & Maintenance Endowment Education Endowment Fund The Holy Family Catholic Education Fund Endowment Fund The Church of the Holy Spirit Parish The St. Patrick Parish Endowment Fund The Holy Family Parish Endowment Fund Endowment Fund Our Lady of Victory The Reverend Joseph C. Simmons Immaculate Heart of Mary The Our Lady of Victory Parish Endowment Endowment Fund The Immaculate Heart of Mary Education Fund Endowment Fund

The Immaculate Heart of Mary Parish Endowment Fund

ANNUAL REPORT FOR FISCAL YEAR 2016 15 ENDOWMENTS Parish Funds

Sacred Heart, Glyndon St. Augustine, Williamsport St. Francis of Assisi, Baltimore The Fenwick Family Charitable Fund* The Reverend Monsignor Alfred E. Smith The Barbara Jo Wuest Educational Trust The Germaine and David Ricker Endowment Endowment Fund* The Otto J. and Eva B. Wuest Educational Fund* The St. Augustine, Williamsport, Catholic Trust The Lloyd E. & M. Agatha Aiken Endowment Education Fund The St. Francis of Assisi Tuition Assistance Fund* St. Bernardine Endowment Fund The Sacred Heart Catholic Education The St. Bernardine Catholic Educational St. Ignatius, Hickory Endowment Fund Endowment Fund The St. Ignatius, Hickory Catholic Education The Sacred Heart Parish Endowment Fund The St. Bernardine Parish Endowment Fund Endowment Fund

The Temple Smith Endowment Fund St. Casimir The St. Ignatius, Hickory Parish Endowment Fund Shrine of St. Alphonsus Liguori The St. Casimir Catholic Education The St. Alphonsus Catholic Education Endowment Fund St. Ignatius Loyola, Ijamsville Endowment Fund The St. Casimir Church Preservation St. Ignatius of Loyola Catholic Education The St. Alphonsus Parish Endowment Fund Endowment Fund Endowment Fund The St. Casimir Parish Endowment Fund St. Ignatius Loyola Historic Preservation & Shrine of the Little Flower Maintenance Fund The Shrine of the Little Flower Catholic St. Charles Borromeo Education Endowment Fund The Mary Bradley Zabicki Endowment Fund St. Ignatius of Loyola Parish Endowment Fund The Shrine of the Little Flower Parish The St. Charles Borromeo Catholic Endowment Fund Education Endowment Fund St. James, Boonsboro The St. Charles Borromeo Parish The St. James, Boonsboro, Catholic Shrine of the Sacred Heart Education Endowment Fund The Keelty Perpetual Fund Endowment Fund St. Clare St. Jane Frances de Chantal St. Agnes The Fritz Family Endowment Fund The St. Agnes Parish Catholic Education The St. Clare Endowment Fund Endowment Fund The St. Jane Frances de Chantal Catholic St. Clement, Lansdowne Education Endowment Fund The St. Agnes Parish Endowment Fund The McKenna Catholic Education Endowment Fund The St. Jane Frances de Chantal Parish St. Alphonsus Rodriguez Endowment Fund The St. Alphonsus Rodriguez Catholic The St. Clement Parish Endowment Fund Education Endowment Fund St. Joan of Arc St. Clement Mary Hofbauer St. Joan of Arc Parish Endowment Fund St. Andrew by the Bay The Lois Loraine Jones Endowment Fund The Drew and Risa Hudson Family Fund for of The St. Clement Mary Hofbauer Parish St. John the Evangelist, Columbia Faith Formation Endowment Fund The Bartolo Family Fund The St. Andrew by the Bay Faith Formation The St. Clement Mary Hofbauer Catholic The Reverend Monsignor Richard H. Tillman Fund Education Endowment Fund Endowment Fund The St. Clement Mary Hofbauer Parish The St. John the Evangelist, Columbia St. Ann, Baltimore Endowment Fund Catholic Education Endowment Fund The Kennedy-Boone Family Endowment Fund St. Elizabeth Ann Seton The St. John the Evangelist, Columbia Parish The St. Elizabeth Ann Seton Catholic Endowment Fund St. Ann, Hagerstown Education Endowment Fund The Posner Family Endowment Fund St. John the Evangelist, Frederick The St. Elizabeth Ann Seton Parish The Father Wayne Funk Religious Education The St. Ann, Hagerstown Parish Endowment Endowment Fund Fund Fund St. Francis de Sales The St. John the Evangelist, Frederick Parish The St. Ann, Hagerstown Tuition Assistance Endowment Fund Fund The Reverend Monsignor G. Michael Schleupner Fund St. John the Evangelist, Long Green Valley St. Augustine, Elkridge The St. Francis de Sales Catholic Education The St. John the Evangelist’s, Long Green The Mary Rettaliata Endowment Fund Endowment Fund Valley Parish Endowment Fund The St. Francis de Sales Parish Endowment Fund

16 CATHOLIC COMMUNITY FOUNDATION St. John the Evangelist, Severna Park St. Luke St. Patrick, Havre de Grace The St. John, Severna Park, Parish The St. Luke Education Endowment Fund The Church of St. Patrick Parish Endowment For The Poor Endowment Fund St. Margaret The St. John, Severna Park, Parish The Carolyn M. and Charles J. Slimowicz The Sister Frances Catholic Education Endowment Fund Family Fund* Endowment Fund St. John, Westminster The Jane Dean Endowment Fund St. Paul The Bettie Beauchamp and Shirley Young The St. Paul Catholic Education St. Mary, Annapolis Endowment Fund Endowment Fund The Gilbert Strittmatter Memorial The Reverend Monsignor Arthur Valenzano Endowment Fund The St. Paul Parish Endowment Fund Endowment Fund The St. Mary’s Annapolis Parish St. Peter, Hancock The St. John Westminster Parish Endowment Fund The Sarah Frances Anthony Endowment Endowment Fund The Tyler Family Fund of the St. Mary’s Fund St. Joseph, Fullerton Annapolis Parish Endowment The St. Peter, Hancock Catholic Education The St. Joseph, Fullerton Catholic Endowment Fund St. Mary, Hagerstown Education Endowment Fund The Reverend Monsignor Robert S. St. Peter the Apostle, Libertytown The St. Joseph, Fullerton Parish Passarelli Endowment Fund for the Poor The St. Peter, Libertytown Catholic Endowment Fund Education Endowment Fund The St. Mary, Hagerstown Parish St. Joseph, Odenton Endowment Fund The St. Peter, Libertytown Parish The St. Joseph, Odenton Catholic Endowment Fund Education Endowment Fund St. Mary of the Assumption St. Mary of the Assumption Catholic St. Pius X The St. Joseph, Odenton Parish Education Endowment Fund The St. Pius X Catholic Educational Endowment Fund Endowment Fund St. Mary of the Assumption Parish St. Joseph Passionist Monastery Endowment Fund The St. Pius X Parish Endowment Fund The St. Joseph’s Passionist Monastery St. Mary of the Assumption School St. Thomas Aquinas Educational Endowment Endowment Fund The St. Thomas Aquinas Parish Endowment The Stephen Jarboe Endowment Fund Fund St. Michael, Poplar Springs St. Joseph, Sykesville The Anna Esposito Endowment Fund St. Ursula The Andrew R. and Barbara J. Becker Fund The Reverend Michael J. Ruane The St. Ursula Catholic Education for Youth Ministry Endowment Fund Endowment Fund St. Joseph, Texas The Richard E. Walters, Jr. Endowment The St. Ursula Parish Endowment Fund The St. Joseph, Texas Legacy Giving Fund Fund St. Veronica St. Katharine Drexel The Robert and Nancy Landsman Family The St. Veronica Catholic Education Fund Fund The St. Katharine Drexel Catholic Education The St. Veronica Parish Endowment Fund Endowment Fund The St. Michael, Mt. Airy Service Justice Transfiguration Catholic Community The St. Katharine Drexel Parish Endowment Endowment Fund The Transfiguration Catholic Community Fund The St. Michael, Poplar Springs Catholic Education Endowment Fund Education Endowment Fund St. Leo the Great The Transfiguration Catholic Community The St. Michael, Poplar Springs Parish The St. Leo Church Catholic Education Endowment Fund Endowment Fund Endowment Fund The St. Leo Church Preservation & The Timothy and Barbara Riley Fund *Fund supports multiple purposes Maintenance Endowment Fund St. Michael the Archangel, Overlea St. Louis The Spalla - Mancuso Memorial Fund The Murphy-Faulstich Endowment Fund* The St. Michael the Archangel Catholic The St. Louis Catholic Education Educational Endowment Fund Endowment Fund The St. Michael the Archangel Parish The St. Louis Parish Endowment Fund Endowment Fund

“ The parish is the presence of the Church in a given territory, an environment for hearing God’s word, for growth in the Christian life, for dialogue, proclamation, charitable outreach, worship, and celebration.” – POPE FRANCIS

ANNUAL REPORT FOR FISCAL YEAR 2016 17 ENDOWMENTS Education Funds Supporting the mission of Catholic Schools in the Archdiocese of Baltimore

44%

“There is no better testament than walking through a Catholic school and experiencing the culture.”

– JIM SELLINGER CHANCELLOR OF CATHOLIC SCHOOLS 155 $34,673,319 $56,896,057 School specific education endowments benefitting for education total endowment funds 45 schools 37 Tuition assistance education endowments 206 472 10 education funds total endowment funds Partners in Excellence education endowments 4 County-specific education 0 endowments

18 CATHOLIC COMMUNITY FOUNDATION ENDOWMENTS Education Funds

Allegany or Garrett County Catholic The Father Joseph Kitko Scholarship Fund Schools of Mt. Carmel HS Murphy Educational Endowment for The Henry A. & Mabel A. Bauernfeind Western MD* Memorial Scholarship Endowment Fund The Mary Murray Fund The James “Pop” Reynolds Memorial The Valenzano Family Endowment Fund Scholarship

Anne Arundel County Catholic Schools The Joseph Cramer Memorial Scholarship The Baldwin Family Endowment Fund Endowment Fund The Linda Fannon Scholarship Fund of Our Archbishop Borders School Lady of Mt. Carmel The Archbishop Borders Educational Enhancement Fund Immaculate Heart of Mary School The Michael & Kathleen Sipes Scholarship The Immaculate Heart of Mary School Fund Archbishop Curley High School Endowment Fund The Michelle Bevans Memorial Scholarship The Archbishop Curley High School Endowment Fund 44% Endowment Fund Monsignor Slade Catholic School The Monsignor Slade Catholic School The Norbert & Oriole Porter Scholarship The Michael G. Mann Memorial Endowment Endowment Fund Fund Fund The Our Lady of Mt. Carmel Elementary Mother Seton Academy Archbishop Spalding High School School Endowment Fund The Mary Chairs Endowment Fund The Archbishop Spalding High School The Our Lady of Mt. Carmel High School Endowment Fund The Mother Seton Academy Endowment Endowment Fund Fund Bishop Walsh School The Regina and Eugene McKenzie The Bishop Walsh Foundation Fund Mount de Sales Academy Scholarship Fund The Mt. de Sales Academy St. Martin de The Reverend Don McMaster Scholarship Calvert Hall College High School Porres Scholarship Fund The Dominic Cottone Endowment Fund Endowment Fund The St. Maria Faustina Divine Mercy The Timothy J. and Leslie Chairs Family The Reverend Monsignor Robert L. Hartnett Scholarship Fund for Mount de Sales Fund Fund Academy The Robert and Eleanor Romadka Tuition Cardinal Shehan School Mount Saint Joseph High School Assistance Fund The Cardinal Shehan School Endowment The Mount Saint Joseph High School The Romadka Family Endowment Fund Fund Endowment Fund The Sisters of St. Francis Endowed Cristo Rey Jesuit High School The Samuel and Patricia Chairs Family Fund Scholarship Fund The Reverend William J. Watters, S.J. Notre Dame Preparatory School Scholarship Endowment Fund The Zachary Shiflett Endowment Fund The Notre Dame Preparatory School Holy Angels Catholic School Endowment Fund Our Lady of Perpetual Help School The Holy Angels Catholic School The Our Lady of Perpetual Help School The Notre Dame Preparatory School Tuition Endowment Fund Endowment Fund Assistance Fund The Timothy J. and Leslie Chairs Family Our Lady of Victory School Our Lady of Grace School Fund The Our Lady of Victory School The Albert & Concetta Radecke Family Endowment Fund Immaculate Conception School Fund The Immaculate Conception Scholarship The Sr. Barbara Tucker Scholarship The Father Nicholas Scholarship Endowment Fund Endowment Fund Endowment Fund The Immaculate Conception School The Sr. Ruth Marie Hindley, S.N.D. The Gregory E. Bushman, Our Lady of Scholarship Endowment Fund Endowment Fund Grace School Scholarship Fund Jessica Meredith Jacobsen Memorial The Spirit of Grace Endowment Fund Partners In Excellence (PIE) Scholarship Endowment Fund Program Our Lady of Mount Carmel Elementary & The Reverend Monsignor Edward J. Lynch The Curran and Jody Harvey Family High Schools Scholarship Fund Endowment Scholarship Fund The Baynes Family Endowment Fund The Reverend Monsignor F. Dennis Tinder The Edward A. Crooke Scholars Fund The Dr. Jeff Bunn Music Scholarship Fund Endowment Fund

ANNUAL REPORT FOR FISCAL YEAR 2016 19 ENDOWMENTS The Charlotte K. Martin Scholarship Fund The Christina Marie Polley Scholarship Fund Education Funds The Claire Renaux Scholarship Fund The Drew Dedrick Scholarship Fund The Father Tim Brown Reading Scholars School of the Incarnation The Father Richard T. Lawrence Program Fund The School of the Incarnation Endowment Endowment Fund Trust The James and Carol Ritz Family Fund The Genevieve Spain Rogers Scholarship The Joyce and Hunter Kerlin Charitable The School of the Incarnation Tuition Fund Assistance Endowment Fund Fund The Gruzynski-Conrad Families Scholarship The Mark and Loy Timbie Endowment Seton Keough High School Fund The Michael & Priya Pinto Tuition Assistance The Anna Fehl Scholarship Endowment The Mac Ball Tuition Assistance Endowment Fund Endowment Fund The Magno Zito Family Scholarship Fund The Betty Wagner Smith Scholarship The Partners in Excellence Endowment The Mary “Molly” Jameson Scholarship Fund Fund Endowment Fund The Raymond and Patricia Bahr Scholarship The Carolyn and Blair Donohue Family The Raymond & Rand Mason Family Fund Endowment Fund Endowment Fund The Reverend Joseph Wichland C.Ss.R. The Jean Griffith Nicholas, Seton Class of The Stansky PIE Scholarship Endowment Scholarship Fund Fund 1955, School Fund The Russell Gordon Croft Scholarship Fund The Mary Heckwolf Staylor Endowment “My kids rave about their Fund The Sarah Mansueto Endowment Fund Catholic school. They rave The Rosskopf Family Memorial Endowment The Ss. James & John Catholic School Tuition Assistance Fund about their education. Fund The Seton Alumnae Association Scholarship St. Clement Mary Hofbauer School They feel special that Endowment Fund The Shipley Family Tuition Assistance they are afforded the The Seton Keough High School Endowment Endowment Fund opportunity to even be Fund The St. Clement Mary Hofbauer School there because they know The Timothy J. and Leslie Chairs Family Fund Endowment Fund that it is a privilege.” Sisters Academy of Baltimore St. Francis of Assisi School The Mary Chairs Endowment Fund The Barbara Jo Wuest Educational Trust – TANESHIA JOHNSON The Otto J. and Eva B. Wuest Educational PIE SCHOLAR PARENT Sisters Academy of Baltimore Endowment Fund Trust Resurrection - St. Paul School The St. Francis of Assisi School Endowment Ss. James & John Catholic School The Church of the Resurrection School Fund Endowment Fund Albert and Loretta Reichelt Endowment Fund The St. Francis of Assisi Tuition Assistance The Resurrection - St. Paul School Endowment Fund Endowment Fund Andrew R. and Hannah C. Dunevant Scholarship Fund St. Joan of Arc School Sacred Heart School, Glyndon Charles and Theresa Rizzo Scholarship Fund The Reverend Kevin T. Schenning Fund The Bradley T. MacDonald Family Endowment Fund Connolly Organ Families Scholarship Fund St. John the Evangelist School, Long Green The Sacred Heart, Glyndon Interparish Daley-Pech Family Scholarship Endowment Valley The St. John School, Long Green Valley School Endowment Fund Gene Lawrence Tuition Assistance Endowment Fund The Sacred Heart School Endowment Fund Endowment The Temple Smith Endowment Fund Glenn Meyer Scholarship Endowment Fund St. John the Evangelist School, Severna Park Harry Meyer Scholarship Endowment Fund School of the Cathedral of Mary Our The St. John, Severna Park, School Queen Heil Family Scholarship Fund Endowment Fund Jessica and Nicholas Brown Scholarship The Bill and Lisa Stromberg Endowment St. John Regional Catholic School, Endowment Fund for Tuition Assistance and Seminarian Frederick Education* Leo and Adrienne Fenzel Scholarship Fund The St. John Regional Catholic School, The Cathedral of Mary Our Queen Fund for Mark D. Palmer Scholarship Fund Frederick Mustard Seed Match Tuition Catholic Education Assistance Endowment Fund McCarthy/Staudenmaier Families The L. Patrick Deering Education Fund Scholarship Fund St. John School, Westminster The School of the Cathedral of Mary Our Patricia E. Sahlin Scholarship Fund The Cecelia Hinkel Endowment Fund Queen Endowment Fund

20 CATHOLIC COMMUNITY FOUNDATION The Nellie Agnes Arnold Scholarship The St. Mary’s Schools Endowment The Cardinal Edwin F. O’Brien Endowment Endowment Fund Subfund of the St. Mary’s Annapolis Parish Fund The St. John School Endowment Fund Endowment Fund The Cardinal William H. Keeler Endowment The Walter and Anna Hackett Family Fund The Tuition and Scholarship Assistance Fund* Subfund of the St. Mary’s Annapolis Parish The Catholic Business Network of Baltimore St. Joseph School, Cockeysville Endowment Fund Scholars Endowment The St. Joseph School Catholic Education The Twila Steinecker Peace and Justice Endowment Fund The Charles and Mildred Foley Memorial Award Fund Endowment Trust Fund The St. Joseph School, Cockeysville Endowment Fund St. Mary’s School, Hagerstown The Community Schools of Baltimore City The Reverend Monsignor Robert S. Tuition Assistance Fund St. Joseph School, Fullerton Passarelli Endowment Fund The Daniel Rudd Scholarship Endowment The St. Joseph School Endowment Fund The St. Mary Catholic School, Hagerstown Fund St. Louis School Endowment Fund The Davis Family Endowment Fund The Saint Louis School Endowment Fund St. Michael the Archangel School The Dr. Ronald J. Valenti Catholic School The Sr. Mary Catherine Endowment Fund Daughters of Charity Endowment Fund for Scholarship Endowment Fund The Thomas Merton Scholarship Fund St. Michael’s School The Earl and Darielle Linehan Family Trust The Father Christopher Carney Endowment Fund St. Margaret School Fund The Carolyn M. and Charles J. Slimowicz The Eileen Flanigan Serene Trust Fund Family Fund* The Spalla - Mancuso Memorial Fund The Francis A. and Betty J. Contino Tuition The Jackie Kinzler Memorial Fund St. Philip Neri School Assistance Fund The Jane Dean Endowment Fund The Reverend Monsignor Francis X. The George and Margaret McManus Family Zorbach Tuition Assistance Endowment Trust Fund The Reverend Francis X. Callahan Fund Fund The Germaine and David Ricker Endowment The St. Margaret Tuition Assistance Fund* Endowment Fund St. Pius X School The Mark Pacione School Endowment Fund The J. Bernard and Marie Rafferty Family St. Maria Goretti High School The St. Pius X School Endowment Fund Fund The St. Maria Goretti High School The James and Darlene Stojak Family Trust Endowment Fund St. Thomas Aquinas School Fund The Darlene Henry Fund St. Mary’s Schools, Annapolis The Jeanne & Michael Sullivan Family Trust The Carmine Blades Scholarship Fund The St. Thomas Aquinas School Fund Endowment Fund The Caruso Family Scholarship Fund The Julia Sullivan Endowment Fund The St. Thomas Aquinas Tuition Assistance The CMDR Albert W. Vittek Endowment Fund The Kinkopf Family Fund for Catholic Endowment Fund Schools The Father Max Pauli C.Ss.R. Trinity School The Laurence E. Harrison, Jr. Endowed Scholarship Fund The Levy Family Endowment Fund Scholarship Fund The J. Pierre and Sybil Bernard The Trinity School Endowment Fund The Lawrence Cardinal Shehan Scholarship Scholarship Fund The Trinity School Mustard Seed Fund The Jeffrey D. Ralston ’84 Scholarship Fund Endowment Fund The Mary Margaret Winner Music The Letitia Farrell Memorial Scholarship Fund The William and Catherine Bauer Scholarship Endowment Fund Endowment Fund The McGeady Family Scholarship Fund The Mary and Nicholas Mangione Family Trust Fund* The Mildred Pascal Scholarship Fund Tuition Assistance AOB Endowment for Educational Excellence The Mathias J. & Rosetta K. DeVito Family The Mustard Seed Tuition Assistance Fund Endowment Fund for St. Mary’s High Embracing Our Mission City School Fund School and St. Mary’s Elementary School Embracing Our Mission Suburban School The Michael and Jean MacDonald Endowment Fund The Richard D. Crabtree Spirituality Fund Scholarship Fund Ford and Patricia Rowan Endowment Fund The Our Lady of the Angels Catholic Education Scholars The School Sisters of Notre Dame The Archdiocese of Baltimore Endowment Mathematics Award Fund for Educational Excellence The Posner Family Endowment Fund The St. Mary Faculty Enrichment The Batza Family Trust The Q. Francis and Rita H. Dallavalle Endowment Fund Endowment Fund The Bishop William C. Newman Scholarship The St. Mary High School Endowment Fund Fund The St. Ann, Hagerstown Tuition Assistance Fund of the St. Mary’s Schools Endowment Fund The Brian and Mary Jo Rogers Endowment of St. Mary’s Annapolis Fund The St. Luke Education Endowment Fund

*Fund supports multiple purposes ANNUAL REPORT FOR FISCAL YEAR 2016 21 ENDOWMENTS Clergy Funds

6%

St. John Vianney Seminarian Fund The Reverend Christopher M. Carney The Reverend Monsignor Robert A. The Albert Gregory Kelly Endowment Fund Endowment Fund* Armstrong Endowment Fund The Alice Creaghan Streett Endowment The Reverend Joseph L. McManus The Reverend Patrick M. Carrion Fund Endowment Fund Endowment Fund for the Advancement of Ongoing Formation for Deacons The Andrew J. and Dolores M. Bozzelli The Reverend Monsignor Family Endowment Fund Alfred E. Smith Endowment Fund* The Smith & Wendelken Family Endowment Fund The B. Larry and Catherine H. Jenkins The Reverend Monsignor Family Trust Fund Clare J. O’Dwyer Endowment Fund The Special Care Endowment Fund for Priests The Baird Family Endowment Fund in The Reverend Monsignor Daniel McGrath Endowment Fund Honor of Cardinal Shehan *Fund supports multiple purposes The Bill and Lisa Stromberg Endowment The Reverend Monsignor Paul G. Cook Fund for Tuition Assistance and Seminarian The Reverend Monsignor Richard E. Parks Education* Endowment for Seminarian Education The Bishop William C. Newman Fund The Burke-Healy Family Trust Fund The Corriere Family Endowment Fund The David and Hilda Aland Family Fund $3,874,004 The Deacon Endowment Fund for clergy $56,896,057 The Frank Faimann Family Fund The Germaine and David Ricker total endowment funds Endowment Fund* The Joseph E. Kreft, Sr. Family Charitable Fund for Seminarian Education The Lloyd E. & M. Agatha Aiken Endowment Fund* 29 The Murphy-Faulstich Endowment Fund* clergy funds 472 The Ongoing Formation and Continuing Education Endowment Fund for Priests total endowment funds

22 CATHOLIC COMMUNITY FOUNDATION ENDOWMENTS Ministry & Outreach

Apostleship of the Sea The Monsignor FitzGerald Fund for the Apostleship of the Sea

Archdiocese of Baltimore (General) The Fenwick Family Charitable Fund* The Founder’s Fund The Premier See Endowment Fund The Reverend Edward Sargus Endowment Fund The Samuel W. and Denise Chairs Family Fund The William & Mabel Newman Family Fund 8% Black Catholic Ministry The Black and Indian Missions Endowment Fund

Camp GLOW The Francis J. Rasmus, Jr. Endowment Fund International Missions Xaverian Brothers The Jacqueline and Miranda Markart The Mission Endowment Fund The Xaverian Brothers Endowment Fund Endowment Fund Mercy Medical Center Other Catholic Charities The Pamella J. Norbeck Fund The Cardinal William H. Keeler Endowment The Carrion and Flahavan Family Fund Fund* P. Francis Murphy Initiative for Justice and The Christopher and Karen Deaver Family Peace The James and Barbara Jacobs Fund* The Bishop P. Francis Murphy Justice and Endowment Fund The Cultural Endowment Fund for Seniors Peace Fund The Mary and Nicholas Mangione Family Trust Fund* The Denise R. Fitzgerald Endowment Fund Retired Religious The Reverend Philip T. Snouffer The Ethan C. Flint Endowment Fund for The Germaine and David Ricker Endowment Endowment Fund* Children and Family Services Fund*

The Jean and Michael Sullivan Endowment The Kathryn Chairs Endowment Fund *Fund supports multiple purposes Fund St. Vincent de Paul Society The Kinkopf Family Fund for Catholic Charities The Todd and Annemarie Chairs Family Fund The Mary T. Plunkett Endowment Fund The Reverend Monsignor John J. Auer Fund The Thomas M. and Mary Chairs Family Fund* $5,075,374 The Truman T. and Nellie M. Semans for ministries & outreach Endowment for Catholic Charities $56,896,057 Catholic Relief Services total endowment funds The Christopher and Karen Deaver Family Fund* The Thomas M. and Mary Chairs Family Fund* Haiti Mission The Delss Fund for Catholic Education in Haiti 36 The Gerard D. and Teresa L. O’Neill Family Fund ministries & outreach 472 The Leo W. Rader Family Endowment Fund The Mortel Family Fund for Haiti total endowment funds

Hispanic Ministries The Our Lady of Guadalupe Endowment Fund

ANNUAL REPORT FOR FISCAL YEAR 2016 23 ENDOWMENTS Cemetery Funds

4%

Holy Cross St. Charles Borromeo St. Mary of the Assumption The Holy Cross Cemetery Endowment The St. Charles Borromeo Cemetery St Mary of the Assumption, Govans Fund Endowment Fund Perpetual Care Cemetery Fund

Holy Family, Randallstown St. Ignatius, Hickory St. Mary, Pylesville The Holy Family Historic Preservation & The Reverend Christopher M. Carney The St. Mary, Pylesville Cemetery Cemetery Endowment Fund Endowment Fund* Endowment Fund

Holy Rosary The St. Ignatius Parish Cemetery St. Michael, Frostburg The Holy Rosary Cemetery Endowment Endowment Fund The St. Michael, Frostburg Cemetery Fund St. John the Evangelist, Long Green Valley Endowment Fund Our Lady of Mount Carmel, Thurmont The St. John the Evangelist’s, Long Green St. Michael, Poplar Springs The Our Lady of Mount Carmel, Thurmont Valley Cemetery Endowment Fund The Bill & Inez Thomas Endowment Fund Cemetery Endowment St. Joseph, Emmitsburg The Earl Henderson Endowment Fund for Our Lady of the Fields The St. Joseph, Emmitsburg Cemetery Cemetery Care Endowment Fund The Our Lady of the Fields Cemetery St. Patrick, Havre de Grace Endowment Fund St. Joseph, Texas The St. Patrick’s, Havre de Grace Perpetual St. Alphonsus Rodriguez The St. Joseph, Texas Cemetery Care Cemetery Fund Endowment Fund The St. Alphonsus Rodriguez Parish St. Vincent de Paul Cemetery Endowment Fund St. Louis The St. Vincent de Paul Parish Cemetery St. Augustine, Elkridge The St. Louis Parish Cemetery Endowment Perpetual Fund Fund The St. Augustine, Elkridge Cemetery *Fund supports multiple purposes Endowment Fund

$2,122,406 “Our final time in this world, for cemeteries $56,896,057 however beautiful, we must total endowment funds be prepared to give it up total endowment funds without losing our peace. And having our cemeteries maintained is a way to honor 21 our beloved deceased.” cemetery funds 472 – REVEREND HENRY KUNKEL total endowment funds PASTOR, ST. MARY OF THE ASSUMPTION PYLESVILLE

24 CATHOLIC COMMUNITY FOUNDATION Donor Advised Funds

Donor-advised funds, due to the flexibility and tax benefit opportunities they offer, continue to grow in popularity as a giving vehicle in the philanthropic community. By the close of FY16, the Catholic Community Foundation held seven of these funds under management, representing $723,268 in assets.

To establish a Donor Advised Fund, a donor makes a tax- deductible gift of $10,000 or more to the Foundation in the form of cash or securities, and the Foundation creates a Fund in the donor’s name under the Foundation’s management. The donor recommends grant distributions – with the stipulation that 50% or more of them be in support of Catholic programs within the Archdiocese of Baltimore – which, upon review and approval, the Foundation makes in the donor’s name(s). If you are interested in receiving more information on Donor $723,268 Advised Funds within the Catholic Community Foundation, please Total Value of Donor Advised contact the Foundation at 410-547-5356. Funds as of June 30, 2016.

– REVEREND HENRY KUNKEL PASTOR, ST. MARY OF THE ASSUMPTION PYLESVILLE

ANNUAL REPORT FOR FISCAL YEAR 2016 25 Legacy League

Donors who wish to extend the benefits of their generosity beyond their lifetimes choose the Catholic Community Foundation’s Legacy League as the vehicle for their planned giving. By endowing legacy gifts (estate gifts, charitable gift annuities, trusts, etc.), League members receive a tax benefit or other financial incentive while helping to ensure that their support for a cherished parish, school, ministry, or a combination of these, can continue in perpetuity.

In this way, Legacy League Members are demonstrating their commitment to advancing the evangelizing mission of our Church, and the Foundation is grateful for the opportunity to acknowledge them here:

Please note: the † symbol denotes a member who has died

John and Diana Ackermann Andrew and Deborah Bohle Reverend Christopher Carney† Reverend Monsignor Lloyd Aiken Gary and Deb Bockrath Gloria Carpeneto David and Kathy Airel John† and Ida Bohli Reverend Patrick Carrion David and Hilda Aland Philip† and Gloria Bolger Garcia Castillo Philip and Mary Altomare Robert Bolger James and Gertrude Cavanaugh Reverend Monsignor Nicholas Amato Eleanor Bollinger Frances Chapman† Earl and To Hyang Anderson Mary Agnes Bordas Jamie and Lonnie Chilcoat Penny Anderson Most Reverend William Borders† Elizabeth Childress Naomi Angert† Robert and Elizabeth Bosley Jim Christ Reverend Monsignor Robert Armstrong† Andrea Bowden Natalie Chu Ralph and Christine Arnold Howard and Virginia Bowen Rosemary Ciaudelli-Grace Reverend Monsignor John Auer Alan and Laure Bowman Joseph and Audrey Cimino Bettye Bailey Lambert and Forest Boyce Frank and Vincenza Cina Kenneth and Gloria Bailey Michael and Connie Boyer Dorothy Clark John and Rosalyn Balch John and Nancy Boyle John and Marion Coccagna To m † and Peggy Baldwin George and Helen Bozek Alfred Coleman† Charles and Patricia Bangert Reverend Monsignor Robert Bozel† Thomas† and Margaret Collins Marion and Rose Banz Andrew† and Dolores Bozzelli Jack and Marge Conley Robert and Sadj Bartolo Frank and Margaret Bramble Marvin Connell† Michael and Patricia Batza Barbara Bristow Francis and Betty Contino Charles† and Patricia Baynes Norma Brough Reverend Monsignor Paul G. Cook Bettie Beauchamp Anthony and Alisa Brown Dominic and Concetta Corriere Annette Bell Mary Brown Miguel Cortes James and Rosemary Belson Sibyl Brown† Jack and Kathryn Costa Frank and Lanita Bennett Roy and Karin Bryan Sally Costanzo Glenn and Dawn Bensley Madeline Buchanan Dominic and Kathleen Cottone Jean Berdini Jeff Bunn Reverend Monsignor Richard Cramblitt Richard Berger Paul and Marjorie† Burke Lois Cross† John and Donna Bidinger Mary Frances Healy Burke† David and Diane Cushwa Joan Bildstein Helen Burns† Charles† and Barbara† Czapar Donna Binney Paul and Sheila Buscemi Owen† and Marian† Daly Drusilla Blackburn Glenn Byrd Christopher and Karen Deaver Thelma Blair Thomas and Brenda Callahan Jacques and Gail Delente Milan† and Christa Blake Joan Canapp Theresa DeLuca† Dorothy Blake† Ned and Maura Cannon Reverend Martin Demek Russell and Connie Bly Bryan and Anne Carney Elizabeth Dettor†

26 CATHOLIC COMMUNITY FOUNDATION Charles† and Elizabeth† Devaud Michael† and Rebecca Hart Frank Lewis† Donald DiBlasi Bruce and Georgia Harvey Richard† and Angela† Lidinsky E. Alexander Dietrich† Bernard and Linda Hayes Ann Lindblade Charles Diggs Mary Heath† Earl and Darielle Linehan Reverend Thomas Donaghy Michael and Veronica Herrera Jo Ann Lingner Blair† and Carolyn Donohue Larry Higdon† Robert† and Karen Liskey Dorothy Donovan† Barbara Higgins Anita Liu Leonard and Elizabeth Doran George and Cecelia† Hinkel Reverend Joseph Lizor Raymond Durante William and Arlene Hoffman Joan Loughlin Robert-Philip Dyson Kenneth Hollar Reverend Monsignor Joseph Luca James and Alyce Edwards Dorothy M. Holtzman Andrea Luchini Ernesto and Susana Escola Carrie Hughes Linda Ann Luckhardt† Anna Esposito Joseph† and Joan Imrisek Reverend Monsignor Edward Lynch† Catherine Etchison Garrett Isacco George Madara Frank Faimann† Delores Jackson Mary Magnoni Barbara Falco Charles and Clare Jednorski Briccio Malilay Rose Faulhaber Lillian Jenkins David Malone Richard Faulstich† B. L. and Catherine Jenkins Most Reverend W. Francis Malooly John Feller William Johnson† Robert Mamone Pauline Fendlay Robert Kane Nicholas† and Mary Mangione Charles and Elizabeth Fenwick Cardinal William H. Keeler† Joseph and Rika Mansueto Rose Ferrandi Mary Kelley Vincent and Angela Marcellino Louise Fidell Douglas and Mary Anne Kennedy Jacqueline and Miranda Markart Daniel Finkelstein Sean Kennedy Roger and Kathleen Marsh Denise Fitzgerald† Guy† and Joyce Kerlin Reverend C. Lou Martin Reverend Monsignor John FitzGerald Thomas and Anna Kilduff Grover Martin Pierce† and Mary Ann† Flanigan John Kirby Ronald and Virginia Mason Ethan Flint Trafford† and Isabel† Klots Elizabeth Mathias Paul Flynn Edward and Kathleen Knutson Michael and Christina Mayhew Charles† and Neta Foley Juliana Kopec Steven and Margaret Mays Reverend William P. Foley Alexandra Kopeck Robert and Lynda McArthur Reverend Gerard Francik David Kording Calvert† and Grace† McCabe George and Mary Catherine Frank † Russell and Beverly Kott Marie McCarthy Richard and Lori Froderman Walter and Veronica Kovalchek John McDade Andres and Julia Fuentes Rita Kozub Theresa McDonald Emmett and Audrey Full Jeniffer Kraus Eamonn and Patrice McGeady Herb and Joan Gampel Christine Kraus Patricia McGhee† James and Mary Jane Gardner † Eva Kukla Doug and Pam McGinnis Avon and Jeanette Garrett Reverend Henry Kunkel Robert and Mary McGraw Jerome† and Mary† Geckle James and Sharon Kurdziel John McKenna Keith and Mary Ann Gehle Charles and Eileen Lacijan David and Mary McKinnon Charles and Patricia Gellner John and Virginia Lackay George† and Margaret† McManus Francis and Carolyn† Gibbons Robert and Nancy Landsman James† and Margaret† McManus William† and Joyce Gillen-Kenney Florian and Marguerite Lane Jerome†and Mary McManus Kenneth and Kimberly Gontasz John and Carole Langmead Lucille McMeins Joseph Grabenstein Leon and Joanne LaPorte Bernard and Joan Meagher Charles† and Phyllis Groh Ruth Larkin Mel Meid Steve and Irma Gurbisz Reverend Leo Larrivee, P.S.S. Joseph and Virginia Metz Walter J. Hackett, Jr.† Alma Laufert Ronald Meyers Catherine Hagan† Albert Laun† Anthony and Kathleen Mignini Donald and Elaine Hagner Timothy and Tracy LaValle Kathryn Mike Olive Hall Gi Nyeong Lee Brian and Mary Kay Miller Mary Halpin Leslie† and Sally Lee Ramona Minaya Doris Harju† Michelina Lemon Marjorie Morel Mary Harper Timothy† and Ellen Lesniewski George and Pat Morgan

ANNUAL REPORT FOR FISCAL YEAR 2016 27 Legacy League

Rowland† and Mary Morrow Gerald and Jeanne Reynolds Nancy Lee Thompson† Michael and Mary Beth Morsberger Lawrence and Leiloni Reynolds Joseph and Christine P. Tischer Antoinette Moye Barbara Reynolds Robert and Evelyn Torr John Mueller† Brian and Suzanna Ribblett Dorothy Towner† Paul and Harriet Muldowney David and Rita Ricker Marvin and Margaret Trott Thomas and Mary Mullan Robert Riley Adam and Hathu Truong Andrew and Judy Mullen Timothy† and Barbara Riley Dorothy Turek Margaret Mulligan Eugene and Susan Ringsdorf Gregory and Amy Vaillancourt Calvin Murray† Brian and Louisa Rink Reverend Monsignor Arthur Valenzano† Donald Murray† James and Carol Ritz Ernestine Valenzano† Leonarda Murray Robert Robinson Raul and Gladys Velez Michael and Kathleen Murray Reverend Alphonse Rose† Maxine Verdier† Robert and Beverly Nedd Elizabeth Rudy† Jem and Gabriela Villanueva Catherine Neel† Jo Anne Sabas Raymond Vrablic† Most Reverend William C. Newman† Lawrence† and Eleanor† Salfner Betty Wachs Thomas and Agnes Nibali Henry Sanborn† Annabelle Wagner† Perry and Berndette Nwanguma Helen Santoni Mark and Lisa Wagner Edward and Karen O’Connor Reverend Monsignor Kevin Schenning Mary Cecelia Walsh Walter Oduya Pamela Schettler Richard Walters & Family Josephine Offutt† Mr. and Mrs. Truman Semans Patrick and Jacqueline Ward Mary Olert Renee Shackleford Ray and Miriam† Watson Richard† and Elsie† Orburn Theresa Shaffer Reverend Lawrence Waudby Michael and Colleen Oster Luke Shaw Daniel and Michelle Webster Charles Pacy Reverend Joseph Simmons Reverend Gerald West Dorothy Palasik Fred Singletary Arthur† and Margaret Wheeler Lorraine Palasik Donald and Carole Smith Kevin and Jessica Whitfield Donna and Gary Papuchis Reverend Monsignor Alfred E. Smith† Van† and Sara† Whiting Elissa Passalacqua Gary and Maggie Smith Richard and Barbara Williams Reverend Monsignor Robert Passarelli† R. Douglas† and Pamela Smith Reverend Paul Witthauer Ajay and Mary Patil Richard† and Betty† Smith Leo† and Gloria Woerner Malvin and Jan Pavik Thomas and Joanne Smith Arthur and Angela Wolf Dominick† and Kathleen Perini Stephen and JoAnn Sneeringer Beatrice Wolf Reverend Monsignor Hugh Phillips† Reverend Philip Snouffer Reverend Monsignor Richard Woy Joseph Phillips Jean Southard John and Dolores† Wright Felgie Pippi† Thomas and Amy Spangenberg Barbara Jo Wuest Raynard Pinckney Joseph† and Bernice Spillman Otto Wuest† Margaret Polley James Stasiowski Elva Yamartino Thomas and Elizabeth Poole Ralph and Elinor Steinitz Gi Nyeong Yi Alberta Porter James and Darlene Stojak Shirley Young John Poyer, III and Theresa Archambault William and Marguerite Strobel Steven Zabicki E. Carole Pritchett Glenn Strohm and Susan Levy-Strohm Edward and Theresa Zanowicz Joseph† and Elizabeth† Prosser Mary Lou Stromer Reverend Monsignor Francis X. Zorbach† Susan Pulsifer Michael and Jean Sullivan Gulam and Brigitta Puthawala Mary Elizabeth Sweeney† If you or someone you know is William and Mary Ann Quarles James and Mary Szivos considering making a bequest Reverend Brian Rafferty Sushila Thapa or learning more about the Randy† and Margaret Rager Janet Thomas† Legacy League, please contact Lazaro and Edna Ramos Mary Inez Thomas the Catholic Community Francis Rasmus Reverend Paul Thomas Charles Reeves† Joan Thompson Foundation at 410-547-5356. Donald and Mildred Reinhart Kenneth and Kathi Thompson

28 CATHOLIC COMMUNITY FOUNDATION ABOUT THE FOUNDATION Foundation Leadership

BOARD OF TRUSTEES

Most Reverend William E. Lori Mr. James A. Hamilton, CPA Mr. Jason Polun Chairman Board of Trustees Board of Trustees Catholic Community Foundation Audit & Finance Committee Director of Research Archbishop of Baltimore Distribution Committee T. Rowe Price Owner & Managing Director Mr. John H. Balch, RPh David-James, LLC Mr. Ford Rowan President Board of Trustees Reverend Monsignor Richard B. Catholic Community Foundation Chairman Hilgartner, Jr. Chair, Nominating Committee National Center for Critical Incident President, The PharmaCare Network Board of Trustees Analysis Pastor Mr. William Purnell, CPA St. Joseph, Cockeysville Mrs. Louise Phipps Senft, Esq. Treasurer, Catholic Community Foundation Board of Trustees Chair, Audit & Finance Committee Mr. David Kinkopf, Esq. Chair, Distribution Committee Partner, KPMG Board of Trustees CEO, Attorney & Mediator Audit & Finance Committee Mrs. Frances Langton Cashman Baltimore Mediation Attorney at Law, Partner Board of Trustees Gallagher Evelius & Jones LLP Distribution Committee Mr. James B. Sellinger, Sr. Board of Trustees Investment Committee Mr. Brian Kroneberger, CFP® Chancellor, Catholic Schools Strategic Marketing Committee Board of Trustees Archdiocese of Baltimore Senior Managing Director, Chair, Investment Committee Co-Head of US Sales Managing Director – Financial Advisor Dr. Ellen H. Yankellow, PharmD Legg Mason RBC Wealth Management Board of Trustees The Dyer Kroneberger & Hobson Group Mr. Francis A. Contino Distribution Committee President & CEO Board of Trustees Mr. Michael MacDonald Correct Rx Pharmacy Services, Inc. Managing Director, FAC&B, LLC Board of Trustees Executive Chairman of the Board Mr. Glenn M. Falcao Mr. Patrick Madden* Medifast, Inc. Board of Trustees Ex-Officio Executive Director, Catholic Community Chair, Strategic Marketing Committee Most Reverend Adam Parker Foundation Owner and Managing Director Ex-Officio Executive Director, Department of Falcao Investment Group Board of Trustees Development Auxiliary Bishop & Vicar General Mr. Thomas B. Finan Archdiocese of Baltimore Archdiocese of Baltimore Board of Trustees Ms. Natalie Sherman, Esq.** Community Leader Mrs. Elaine Pevenstein Counsel to the Board Board of Trustees Attorney at Law, Partner Vice President Gallagher Evelius & Jones LLP Princeville Partners, LLC

* Staff of the Foundation ** Legal Counsel of the Foundation

“It is an honor and a privilege to serve on the Catholic Community Foundation’s Board of Trustees and Distribution Committee. My faith has played a great role in the blessings I have received over the years, and I am grateful for the opportunity to help steward the Foundation so that we can maximize its potential and help grow the Faith for future generations of Catholics.”

– DR. ELLEN H. YANKELLOW MEMBER, BOARD OF TRUSTEES & DISTRIBUTION COMMITTEE

ANNUAL REPORT FOR FISCAL YEAR 2016 29 ABOUT THE FOUNDATION Foundation Leadership

AUDIT & FINANCE COMMITTEE INVESTMENT COMMITTEE STRATEGIC MARKETING Mr. William Purnell, CPA, Chair Mr. Brian Kroneberger, CFP®, Chair COMMITTEE Partner Managing Director – Financial Advisor Mr. Glenn M. Falcao, Chair KPMG RBC Wealth Management Owner and Managing Director The Dyer Kroneberger & Hobson Group Falcao Investment Group Mr. James A. Hamilton, CPA Owner & Managing Director Mrs. Frances Langton Cashman Reverend Patrick M. Carrion David-James, LLC Senior Managing Director, Pastor Co-Head of US Sales Catholic Community of South Baltimore Mr. David Kinkopf, Esq. Legg Mason Attorney at Law, Partner Mrs. Frances Langton Cashman ® Gallagher Evelius & Jones LLP Mr. Frank Dingle, CFP Senior Managing Director, Senior Vice President – Financial Advisor, Co-Head of US Sales Mr. Greg Schuessler, CPA Senior Consulting Group Legg Mason Chief Financial Officer The Brinton Dingle Wealth Management Mr. John Kelly Mission BBQ Group Director, Strategic Planning & Marketing Mr. John E. Wheeler, Jr., MBA, CPA Mr. James Dugan, CFA Research Senior Vice President and Chief Portfolio Manager Medifast, Inc. Financial Officer Brown Advisory Mrs. Elaine Pevenstein MidAtlantic Farm Credit Mr. Mark Johnson, Ph.D. Vice President Associate Professor of Finance Princeville Partners, LLC DISTRIBUTION COMMITTEE Loyola University of Maryland Mrs. Louise Phipps Senft, Esq., Chair Mr. Greg Pierce President & Managing Partner CEO, Attorney & Mediator Sister Terri Jordan, IHM SPARKS! Marketing Communication Baltimore Mediation Parish Finance Controller St. Mary, Annapolis Mrs. Frances Langton Cashman Senior Managing Director, Mr. Russell LaGreca, CFP®, CRPS® Co-Head of US Sales Vice President, Institutional Consultant Legg Mason The J.K. Meek Group at Graystone Mr. James A. Hamilton, CPA Consulting, a Business of Morgan Stanley Owner & Managing Director Mr. Steve Linhard David-James, LLC Chief Operating and Financial Officer Mrs. Linda Mangione Licata Chesapeake Medical Imaging Mangione Family Enterprises Scott G. McRoy, CFP®, CRPC®, CDFA™ Dr. Ellen H. Yankellow, PharmD Senior Vice President – President & CEO Wealth Management Correct Rx Pharmacy Services, Inc. Wealth Management Advisor CAM & Associates Merrill Lynch, Pierce, Fenner & Smith Inc.

30 CATHOLIC COMMUNITY FOUNDATION ABOUT THE FOUNDATION Contact Us

Patrick Madden Executive Director [email protected] 410-547-5381

Teresa Brashears Director of Stewardship and Administration [email protected] 410-547-5557

Tre Bart Director of Development [email protected] 410-625-8465

Robert Barron Senior Financial Analyst [email protected] 410-547-5323

Schattakka Dennis Manager [email protected] 410-547-5356

[email protected]

www.ccfmd.org

Catholic Community Foundation 320 Cathedral Street, 4th Floor Baltimore, MD 21201

“As a Catholic community in the Archdiocese of Baltimore, we have the ability to support our local Church and change our world for the better in substantial ways. When you share with your neighbors the benefits of investing in the Catholic Community Foundation, you are helping us nurture the many facets of our Catholic mission and identity.”

– PATRICK MADDEN EXECUTIVE DIRECTOR, CATHOLIC COMMUNITY FOUNDATION

ANNUAL REPORT FOR FISCAL YEAR 2016 31 Our Legacy Support for the Catholic Community Foundation provides long-term financial stability for archdiocesan ministries and missions, leaving a legacy that will impact many lives for generations to come.

32 CATHOLIC COMMUNITY FOUNDATION The Catholic Community Foundation is a separately incorporated and controlled 501(c)(3) organization within the Archdiocese of Baltimore.

All photography, unless otherwise specified, Copyright © Catholic Review Media. Used with permission. ANNUAL REPORT FOR FISCAL YEAR 2016 33

320 Cathedral Street Baltimore, MD 21201

410-547-5356

www.ccfmd.org